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V.16:9 p.515

THE BULLETIN of the Rubber Growers Association (Incorporated)
Vol. 16. SEPTEMBER, 1934. No. 9.
Rubber Regulation
The following miscellaneous notifications and circulars are
published for the information of members.
Legislation passed in Kelantan has now been received and will be
issued to members in a separate pamphlet.
The following circular was issued by the Controller of Rubber,
Malaya, dated 3rd September, 1934 :—
Under the International Agreement, Malaya, including Labuan and
Brunei was given a quota which for 1934 was at the rate of 42,000 tons
a month.
The International Committee decided that the permissible
exportable amount should be at the rate of 100 per cent, of the quota
for the months of June and July, 90 per cent, for the months August
and September, 80 per cent, for the months October and November,
and 70 per cent, for the month of December. This, however, merely
gives the method of calculation to be adopted in arriving at the
permissible exportable amount, and in effect amounts to nothing more
than fixing the amount Malaya may export between the 1st June and
the 31st December, 1934, at"256,200 tons.
To enable producers to carry on, pending assessment, they were
given provisional credits. These credits had to be given, without
delay and had of necessity to have a purely arbitrary basis. They
did not pretend to represent even a provisional assessment, and if in
some cases they do happen to turn out to be fairly close to the eventual
share of the quota, that must be regarded as an accident.
Naturally at the start, and working very largely in the dark, the
Controller had to err on the side of caution, particularly as owing to the
MALAYA.
Provisional Credits.

THE BULLETIN of the Rubber Growers Association (Incorporated)
Vol. 16. SEPTEMBER, 1934. No. 9.
Rubber Regulation
The following miscellaneous notifications and circulars are
published for the information of members.
Legislation passed in Kelantan has now been received and will be
issued to members in a separate pamphlet.
The following circular was issued by the Controller of Rubber,
Malaya, dated 3rd September, 1934 :—
Under the International Agreement, Malaya, including Labuan and
Brunei was given a quota which for 1934 was at the rate of 42,000 tons
a month.
The International Committee decided that the permissible
exportable amount should be at the rate of 100 per cent, of the quota
for the months of June and July, 90 per cent, for the months August
and September, 80 per cent, for the months October and November,
and 70 per cent, for the month of December. This, however, merely
gives the method of calculation to be adopted in arriving at the
permissible exportable amount, and in effect amounts to nothing more
than fixing the amount Malaya may export between the 1st June and
the 31st December, 1934, at"256,200 tons.
To enable producers to carry on, pending assessment, they were
given provisional credits. These credits had to be given, without
delay and had of necessity to have a purely arbitrary basis. They
did not pretend to represent even a provisional assessment, and if in
some cases they do happen to turn out to be fairly close to the eventual
share of the quota, that must be regarded as an accident.
Naturally at the start, and working very largely in the dark, the
Controller had to err on the side of caution, particularly as owing to the
MALAYA.
Provisional Credits.